News | June 11, 2014

Research And Markets: Revenue Generated By The Global Fermentation Chemicals Market Expected To Reach USD 60,123.9 Million By 2019

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/56wftp/fermentation) has announced the addition of the "Fermentation Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.

The ever increasing food and beverages industry across globe is fuelling the demand for fermentation chemicals. Fermented alcohols were the largest consumed fermentation chemical across the globe in 2012 which is used as drinkable alcohol, spirits, solvents and mixture in fuels. The growing demand for alcohol across the world is expected to be the key market driver for fermentation chemicals. Along with that, the growing pharmaceutical and cosmetic industry is expected to drive the demand for fermentation chemicals in the future. The eco-friendly nature of fermentation chemicals, rising environmental concerns and increasing number of industrial applications are expected to provide a wide range of opportunities in the fermentation chemicals market. However, the issues regarding availability of raw material and process fluctuations may restrain the market growth in future.

The revenue generated by the global fermentation chemicals market was USD 41,567.7 million in 2012 which is expected to reach USD 60,123.9 million by 2019, growing at a CAGR of 5.4% from 2013 to 2019.

Companies Mentioned:

- AB Enzymes

- Ajinomoto Company Incorporation

- Amano Enzyme Inc.

- Archer Daniels Midland Company

- BASF SE

- Cargill Incorporation

- Chr. Hansen A/S

- DSM

- Du Pont Danisco A/S

- Evonik Industries AG

- Novozymes A/S

- The Dow Chemical Company

For more information visit http://www.researchandmarkets.com/research/56wftp/fermentation

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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